CaixaBank SA (XMAD:CABK)
€ 5.2 -0.13 (-2.44%) Market Cap: 37.14 Bil Enterprise Value: 31.91 Bil PE Ratio: 7.35 PB Ratio: 1.04 GF Score: 66/100
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Q2 2019 Caixabank SA Earnings Call Transcript

Jul 26, 2019 / 09:30AM GMT
Release Date Price: €2.27 (-6.58%)
Edward O;Loghlen
CaixaBank, S.A. - Director of IR

' -

Good morning, and welcome to CaixaBank's Second Quarter of 2019 Financial Results. With us today is the usual management team of Mr. Gonzalo Gortázar, the CEO; and Javier Pano, the CFO. We plan to spend around 30 minutes of presentation followed by a live Q&A of an estimated 45 minutes. (Operator Instructions)

Without further ado, let me hand it over to our CEO, Gonzalo Gortázar.

Gonzalo GortÃ;zar Rotaeche
CaixaBank, S.A. - CEO & Executive Director

¡ -

Thank you, Eddie. Good morning to you all. I'll get directly into the summary of the quarter. Obviously, results are down due to the restructuring agreement, but I think it's important. And there's weakness in core revenues. We've changed our guidance. You've seen all of that. I think it's important to keep in mind that our business is associated with clients and that these 2 quarters -- and this particular quarter has been extremely successful in our activity with clients.

Performing loans are up 2.3%

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